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Friday, OnLive performed a deft form of bankruptcy which allowed it to sell all its assets to a new company that will also be called OnLive backed by Lauder Partners. The new comapny announced it will hire almost half the staff back, and keep most of the rest as consultants, paid in options, until it gets enough money to hire them back too. Users of OnLive should see no disruption of service. HTC announced today it lost $40 million it had invested in the original OnLive.

A July internal memo between News Corp and Disney and obtained by Variety include information about future exclusivity, ad counts, selective content access, and a plan to "Outline transition plan for new CEO. Discuss potential candidates and process." A management buyout of Hulu stakeholder Providence Equity Partners, expected to close in September, plus this memo, point to a gamechanging future for Hulu.

People are excited about a new trackpad. Yeah, I'm serious. Synaptics is showing off its new ForcePad, which is a new pressure sensitive trackpad that has no moving parts. It can detect 64 levels of pressure from your fingers. The company also is offering new keyboards called ThinTouch which drop the scissor mechanism for a slider mechanism. Both the Forcepad and the ThinTouch are thin and are expected in laptops next year.

Motorola filed a complaint with the International Trade Commission claiming Apple infringes seven of its patents including location reminders, e-mail notification, and voice recognition. As is usual with ITC complaints, it seeks a ban on infringing devices. This is the second complaint Motorola has made against Apple, the first, regarding a WiFi patent. should receive a decision on August 24th.

According to someone familiar with the matter speaking to Bloomberg, Samsung and Apple are meeting today in an attempt to resolve their smartphone patent dispute before a U.S. jury begins deliberating. The companies’ lawyers will report to U.S. District Judge Lucy Koh in federal court in San Jose, California, on the outcome of today’s telephone discussion between Apple’s Tim Cook and Samsung’s Kwon Oh Hyun.

Best Buy's got a new head! Hubert Joly is the new CEO of Best Buy. He'd previously worked at Carlson, which operates restaurants and hotels like the Raddison. Best Buy says that Joly has "expertise in turnaround and growth." He starts running the company in September.

Apple has responded to concerns that iOS is vulnerable to SMS spoofing. Apple issued a statement saying SMS can be spoofed on any phone, but iMessage verifies addresses which protects against spoofing. Apple wisely cautions customers to be careful if directed to unknown websites or addresses over SMS.

Watch out Amazon! Barnes & Noble announced today it's expanding, for the 1st time internationally, NOOK e-readers and digital bookstore to the UK, launching in the fall. The company will offer its E Ink readers, Nook Simple Touch, and will open up its NOOK Store to consumers in the UK, providing access to more than 2.5 million titles.

In the fallout from the Oracle Google World Series of patent trials, Judge Alsup ordered both companies to disclose any payments made to bloggers to write about the trial. Google and Oracle both deny retaining anyone to write specifically about the lawsuit. Oracle disclosed it hired Florian Mueller as a consultant but denied any connection to the case. Oracle also accused Google of running a network of influencers, which Google denied.

A post over at MariaDB says that Oracle is hiding MySQL test cases and revision history is not being updated. Test cases are extremely valuable to developers. This has people thinking Oracle is doing whatever it can to kill MySQL. Oracle has not responded yet.

- variety says it has obtained internal memo between News Corp and Disney from July. bulletpoints: "Outline transition plan for new CEO. Discuss potential candidates and process."- is Kilar already out? or planning to step down?- Providence Equity Partners is getting bought out of Hulu stake, closing in September.- sources lay out scenarios: when Providence cashes out, Kilar may also be able to cash out since he has significant shares. source familiar with his compensation package says up to $100 million.from memo:- • No more exclusivity for current-season content once restricted to Hulu and the networks' respective websites. Now Disney and News Corp. can turn around and license programming to another third-party, i.e. YouTube, which could dilute Hulu's competitive advantage in the marketplace.• No more content parity. ABC.com and Fox.com will be able to hold back certain content to differentiate their own sites from Hulu, which was once entitled to everything on the networks' sites.• Exclusive "super-distribution" rights Hulu once retained to syndicate content to third-party sites like Yahoo and AOL would revert back to Disney and News Corp.• Fox wants to increase to four ads per commercial pod on Hulu.com.

Rhode Island-based Providence invested $100 million in Hulu, which amounts to a 10% stake, when the joint venture launched. Given that private equity's typical modus operandi is to hang on long enough to turn a tidy profit, it came as little surprise four months ago when reports surfaced that Providence was seeking an exit that would effectively double its investment given Hulu's $2 billion valuation.

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OnLive sheds light on acquisition, promises new products and uninterrupted service

OnLive assets sold to new company backed by Lauder Partners (first investor).- hiring back almost half of employees. More when funding increases. Rest hired as consultants with stock.- Filed for Assignment for the Benefit of Creditors. Lets company wind-down current structure and change into new company. Quicker than bankruptcy, but with less cancellation of debt. Assignee handles existing debts but the new company just handles the assets and partnerships.- Nobody cashed out. Old stock is worthless. Nobody got new stock in the transaction. Steve Perlman receiving no compensation, other execs getting reduced compensation. - HTC already reported $40 million loss form investment in old OnLive.- ComputerWorld reports OnLive misread server needs as it scaled up. Leasing 8,000 servers with fewer than 2,000 simultaneous users.

- Synaptics tech is in around 70% of PC trackpads. New ForcePad likley to appear in majority of PC laptops in the years to come- no mouse click- pressure tracking detects five fingers at once, senses 1000 grams of force with 64 levels of differentiation. support for five new gestures and actions- Synaptics has worked with Microsoft on specifications and guidelines for the OEM design of trackpads- designed to be more accurate, responsive. more of a laptop standard than varying types of trackpads- thinner due to no click mechanism- tons of gestures, imagine ff a movie by pushing down. harder you push, faster you ff

also working on new keyboard called the ThinTouch. Not only does the downward movement of they require less height (2.5 millimeters vs. 3-6 millimeters), but the entire surface of the keyboard has been equipped with a capacitive touch sensor. Yes that means thinner laptops (or more room for other components). Yes that means more accurate keystrokes. But it also opens up the possibilitiy for advanced gestures, where you could brush the keys with your fingers to activate certain gestures.

- Survey from the Online Publishers Association looked at "Mediums that one cannot live without"- 67% said their PC/laptop, 62% TV, smartphones had a whopping 33%- Video games and newspapers both beat Tablets- ATD notes: The OPA represents lots of big Web publishers, and the real thrust of the research it’s showing off here is supposed to make big Web publishers feel okay about mobile.

- Apparently iPhone users are more receptive to ads on their devices compared to Android users. 21% found ads relevant, compared to 13% on Android- iPhone users are also more likely to take an action after seeing an ad. 45% for iPhone, 38% android

BEST OF: weather discussion

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One Month After Selling To Microsoft For $1.2B, Yammer CEO Predicts End Of Silicon Valley

-Yammer CEO David Sacks wrote on Facebook "“I think Silicon Valley as we know it may be coming to an end. In order to create a successful new company you have to find an idea that (1) has escaped the attention of the major Internet companies... (2) is capable of being launched and proven out for ~$5M, ... and (3) is protectable from onsluaght of those big companies... How many ideas like that are left?- Marc Andreesen has taken up the challenge in the comments saying "An inifnite number -- human creativity is limitless -- Which doesn’t make it easy, but does mean the opportunity is unending."- Over the weekend WSJ ran a story about electronics startups showing signs of lifeKEY QUESTION: Are we seeing a change away from Web startups back to products?

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AT&T: FaceTime over cellular feature to be included in Mobile Share plans at no extra charge, not available for other data plans

- Apple announced FaceTime over cellular as a part of iOS 6- AT&T just announced that Facetime over Cellular will be available on the Moible Share data plans only- If you're still on an unlimited data plan or regular plan, you get to FT over Wi-Fi- AT&T isn't stopping you from using Skype video over cellular, wtf?

LG's Optimus Vu — a smartphone-tablet hybrid with a 5-inch screen — will be available in select markets across Europe, the Middle East, Africa, and Latin America from September, according to a company press release. The international model will feature an Nvidia Tegra 3 system-on-chip, replacing the Snapdragon S4 processor which powers the Korean and Japanese versions of the device, and will lack LTE connectivity.

On episode 567, you guys discussed the use case for buying the Windows 8 tablet over a Windows RT one. I think a lot of people can't get passed the term "tablet", and thus consider their usage to be limited. However, if a keyboard is to be included with the Windows 8 tablets, it actually becomes a MacBook Air competitor, rather than iPad. Personally, as a web developer who likes to travel, this one device can cater for both of my needs.

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